What is the average cost for a Bath Fitter franchise?

A:

Quick Answer

Bath Fitter franchises generally cost between $120,000 and $175,000, with the first $30,000 representing a franchise fee. The company does not collect any royalty fees or advertising fees, as of 2015. The initial term of the agreement is five years.

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Bath Fitters offers new franchisees exclusive territories, guaranteeing that the company's corporate office or any new franchisees do not invade an established franchisee's area. The company also refers all leads in that particular area to the franchisee. Bath Fitters offers advertising in the form of ad slicks and support through a toll-free phone number, newsletters, meetings, Internet and safety procedures. It is estimated that three or four people are required to successfully run a Bath Fitters franchise.

Bath Fitters does not require its franchisees to have any experience in the field of bathroom remodeling, nor does it provide any training for new franchisees. The company also does not provide any kind of financing either in-house or through a third party to help new franchisees pay the initial costs. Absentee ownership is not allowed.